Morning Commentary
I hope everyone had a great weekend and are now ready to make some money.
The theme for the weekend was reopening gathers steam. Airline numbers are three quarters of 2019 and fast approaching normalcy and “A Quiet Place 2” pulled in $58 million through Monday.
Global Awakening
Yesterday, the OECD upped their GDP estimates for America to 6.9% for this year from 6.5% estimate in March. Their global estimate is now 5.8% from 5.6%.
Gusher
One of the biggest winners from the global reopening is crude oil and West Texas Intermediate is breaking out this morning – this is huge.
Portfolio Approach
We are adding to Materials this morning in our Hotline Model Portfolio.
Today’s Session
Lots of important data out shortly on manufacturing, and of course, we get the big jobs report on Friday.
Looking for small caps to continue to regain momentum lost to profit-taking.
Comments |
USA is looking good! Lorin K on 6/1/2021 2:58:23 PM |
Tweet |
4/26/2024 1:46 PM | Full Steam |
4/26/2024 9:39 AM | BIG TECH STEPS UP |
4/25/2024 1:16 PM | Don't' Bury me, Yet! |
4/25/2024 9:27 AM | THERE CAN ONLY BE ONE |
4/24/2024 1:30 PM | Earnings Flood In |
4/24/2024 9:26 AM | BUYING THE DIP |
4/23/2024 1:25 PM | Bloom Off Rose |
4/23/2024 9:32 AM | WHAT HAPPENED TO THE BRAVADO? |
4/22/2024 1:22 PM | Pins and Needles |
4/22/2024 9:30 AM | LIVE BY THE SWORD … |
4/19/2024 1:20 PM | Fair Chunk of Rotation |
4/19/2024 9:35 AM | DON’T OVERREACT |
4/18/2024 1:37 PM | Didn’t Break Down |
4/18/2024 9:40 AM | MARKET OFF SCRIPT |
4/17/2024 1:59 PM | Facing Pressure |
4/17/2024 9:37 AM | POWELL STILL WANTS TO HELP |
4/16/2024 1:35 PM | Muted |
4/16/2024 9:42 AM | FEAR ARRIVES |
4/15/2024 1:17 PM | Making a Statement |
4/15/2024 9:45 AM | Equal Opportunity Drubbing |
4/12/2024 1:37 PM | Pressure Overall |
4/12/2024 9:42 AM | WHO YA GONNA CALL? |
4/11/2024 1:38 PM | No Urgency |
4/11/2024 9:27 AM | Tough Sledding |
4/10/2024 1:22 PM | Hang In There |
More commentary archives |
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|